$BICO 4H structure is clearly under pressure.
🎯 SHORT PLAN
Entry Zone: $0.0282 – $0.0305
Stop Loss: $0.0325
TP1: $0.0260
TP2: $0.0240
TP3: $0.0215
#BICO
📊 Why SHORT?
• Price is below MA(7) = $0.03086
• Price is well below MA(25) = $0.03760
• MA(7) is below MA(25) → bearish momentum
• Price is currently testing MA(99) ≈ $0.02812
• The chart is printing a series of lower highs and lower lows
• Volume has been fading during the decline, showing weak buying interest
• The massive rejection from $0.09100 confirms that the broader 4H structure remains bearish
click here to trade 👇🏻
🎯 SHORT PLAN
Entry Zone: $0.0282 – $0.0305
Stop Loss: $0.0325
TP1: $0.0260
TP2: $0.0240
TP3: $0.0215
#BICO
📊 Why SHORT?
• Price is below MA(7) = $0.03086
• Price is well below MA(25) = $0.03760
• MA(7) is below MA(25) → bearish momentum
• Price is currently testing MA(99) ≈ $0.02812
• The chart is printing a series of lower highs and lower lows
• Volume has been fading during the decline, showing weak buying interest
• The massive rejection from $0.09100 confirms that the broader 4H structure remains bearish
click here to trade 👇🏻